Skip to content
etf.net

Launched · SEC filings

AB Disruptors ETF

FWDNYSE ArcaAlliance BernsteinB

$116.47−2.14 (−1.80%)

At close: Nov 2, 2026, 4:00 PM ET

B58/ 100

Rank 10 of 30 in Disruptive Innovation

B58/100Rank 10 of 30inDisruptive Innovation
Intraday session: down, 79 prints from 118.61 to 116.47. Range 116.25 to 119.73. Use the arrow keys to read each point.117.00117.50118.00119.00119.5010 AM12 PM2 PM4 PM
Expense ratio
0.65%
Fund size
$3.28B
1Y total return
+8.4%
Yield · Last 12 months
0.10%
Holdings
130
Avg volume · 30D
214K sh
52W range
low $95.53high $149.57
Launched
Filings
SEC EDGAR

The ETF.net FWD Grade

Based on 5 of 6 pillars

B

Score 58 out of 100

Category
Disruptive Innovation⁠
Rank
10 of 30
Six-pillar profile for FWD. Scores out of 100: Cost 53, Risk 52, Mission not scored, Tradability 65, Holdings 70, Durability 64. Strongest: Holdings (70). Weakest: Risk (52). Based on 5 of 6 pillars.

Score 58 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    C53 out of 100
    Rank 12 of 30

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C52 out of 100
    Rank 15 of 30

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B65 out of 100
    Rank 9 of 30

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    A70 out of 100
    Rank 10 of 30

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B64 out of 100
    Rank 10 of 30

Our read on FWD

ETF.net Research

In short

BMost disruption ETFs hand the job to an index. FWD hands it to a stock-picking team with a go-anywhere mandate: any sector, any geography, roughly 120 companies AllianceBernstein believes are positioned to upend their industries.

Stated mandate

The fund is actively managed and seeks long-term capital growth by investing across sectors and geographies in innovative companies positioned to disrupt their industries.

Why people hold it

  • Actively managed and genuinely global. It can own disruptors in any sector or industry, not just the usual tech-and-biotech slice most thematic funds fish in.alliancebernstein.comgcs-web.com
  • 0.65% sits right at the median for disruptive-innovation funds, and here that fee buys live stock picking rather than an index license.alliancebernstein.com
  • About 120 holdings spreads the bet wider than the most concentrated innovation funds, so no single moonshot runs the show.
  • Launched in 2023 and now a billion-dollar-plus fund, it is among the easier names in its theme to get into and out of at tight spreads.

Worth knowing

  • No index to grade it against. The mandate is discretionary, so what you own rides on the manager's judgment rather than a published rulebook.alliancebernstein.com
  • Cheaper routes to the theme exist. Index-run peers KOMP (0.20%) and XT (0.46%) cover innovation for a fraction of the fee.
  • Built for growth, not income: distributions come at most once or twice a year, and disruptive names tend to swing harder than a broad global index.

FWD Performance

Launched Mar 21, 2023

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.Not enough history yet.
FWD$10,841
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. FWD $10,841. SPY $11,199. Use the arrow keys to read each point.$10,000$12,000Oct 2025May 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for FWD. Periods over one year show the average yearly return.
PeriodFWD
Year to date+13.6%
1 month−9.9%
3 months−5.4%
1 year+8.4%
3 yearsper year+33.6%
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for FWD
YearReturn barFWD
2026 YTD+13.6%
2025+32.0%
2024+29.3%
2023+25.6%

History from Mar 22, 2023

FWD in the news

FWD Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
0.10%Last 12 months
Payout per share
$0.11Last 12 months
Last payment
$0.11 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Twice a year

Distribution history

2024–2026

One bar per payment. 3 payments from 2024 to 2026 YTD. Dec 17, 2024 $1.50; Jul 22, 2025 $0.0057; Dec 17, 2025 $0.11. Use the arrow keys to read each point.202420252026YTD
Ex-datePay dateAmount per share
Dec 17, 2025Dec 18, 2025$0.11
Jul 22, 2025Jul 23, 2025$0.0057
Dec 17, 2024Dec 18, 2024$1.50

$10,000 in FWD 3 years ago paid $304 in dividends.

FWD Risk

Risk pillarC52 out of 100Rank 15 of 30 in Disruptive Innovation
How much the fund’s monthly returns vary, scaled to a year.
25.2%
Annualised · 36 months to Oct 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
1.11
vs 3-month T-bills · to Oct 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−29.0%
43 months · trough Apr 2025
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
1.60
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

FWD Cost

Compare FWD and KOMP

Overpaying vs KOMP, cheapest in Disruptive Innovation

$8,562

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • FWD 0.65%

    $12,717

  • KOMP 0.20% Cheapest

    $4,155

$10,000
30 years

Cost over time

  • FWD 0.65%
  • KOMP 0.20%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530FWD $12,717KOMP $4,155

Year by year

YearFWDKOMPOverpaying
10$1,163$365$798
20$4,440$1,421$3,019
30$12,717$4,155$8,562

Other funds in Disruptive Innovation

See others